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US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform

The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed…

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Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Macro, technicals, and uncertainties concerning Terra's LUNA-burning mechanism could push price further down in April.

Continue ReadingTerra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Arthur Hayes Says Short-Term Correlation with Wall Street Could Take Bitcoin’s Price to $30K

Arthur Hayes also believes that Ethereum’s price could fall to $2,500. The gradual uptick in the price of prominent cryptocurrencies from last month appears to have cooled amid the development…

Continue ReadingArthur Hayes Says Short-Term Correlation with Wall Street Could Take Bitcoin’s Price to $30K